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According to our (Global Info Research) latest study, the global Needle Coke market size was valued at USD 3507.9 million in 2023 and is forecast to a readjusted size of USD 5120 million by 2030 with a CAGR of 5.6% during review period.
Needle coke is a needle-shaped carbon material. With low electrical resistance, strong shock resistance and good anti-oxidation ability, it can be widely used in ultra-high graphite electrode, nuclear reactor deceleration materials and LIB anode materials. According to different raw material, needle coke can be classified as coal-based and petroleum-based.
The main market for needle coke is Asia Pacific, accounting for about 50% of the total market, followed by North America, accounting for about 25%.
Phillips 66, C-Chem, Seadrift Coke, Shanxi Jinzhou Group and Sumitomo Corporation are the major manufacturers, with the top three accounting for about 65%.
The Global Info Research report includes an overview of the development of the Needle Coke industry chain, the market status of Graphite Electrode (Petroleum-based, Coal-based), Special Carbon Material (Petroleum-based, Coal-based), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Needle Coke.
Regionally, the report analyzes the Needle Coke markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Needle Coke market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Needle Coke market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Needle Coke industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Petroleum-based, Coal-based).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Needle Coke market.
Regional Analysis: The report involves examining the Needle Coke market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Needle Coke market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Needle Coke:
Company Analysis: Report covers individual Needle Coke manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Needle Coke This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Graphite Electrode, Special Carbon Material).
Technology Analysis: Report covers specific technologies relevant to Needle Coke. It assesses the current state, advancements, and potential future developments in Needle Coke areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Needle Coke market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Needle Coke market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Petroleum-based
- Coal-based
Market segment by Application
- Graphite Electrode
- Special Carbon Material
- Others
Major players covered
- ConocoPhillips
- C-Chem
- Seadrift Coke
- JXTG Holdings
- Sumitomo Corporation
- Mitsubishi Chemical
- Indian Oil Company
- Shanxi Hongte Coal Chemical
- Fangda Carbon
- Shanxi Jinzhou Group
- CNPC Jinzhou Petrochemical
- Shandong Yida New Material
- Sinosteel
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Needle Coke product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Needle Coke, with price, sales, revenue and global market share of Needle Coke from 2019 to 2024.
Chapter 3, the Needle Coke competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Needle Coke breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Needle Coke market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Needle Coke.
Chapter 14 and 15, to describe Needle Coke sales channel, distributors, customers, research findings and conclusion.